13F filing recap · Q4 2018

What did Fairholme Capital Management buy in Q4 2018?

Reported stock-position changes between this filing and the previous one. US-listed stocks across every Fairholme account, including accounts that belong to no fund below.

Stock value

$366.72M

Positions

Estimated turnover

22.7%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

Reduced positions

JOEThe St. Joe Company$349.64Mreported value-846.6K shares-3.1%VSTOVista Outdoor Inc$16.75Mreported value-2.06M shares-58.2%JEFJefferies Financial Group Inc.$339.0Kreported value-46.5K shares-70.5%

Exited positions

VSTVistra Corp.$25.26Mprior reported value-1.02M shares-100.0%SPBSpectrum Brands Holdings, Inc.$21.76Mprior reported value-291.2K shares-100.0%SHLDQSears Holdings Corporation$13.61Mprior reported value-14.06M shares-100.0%TAT&T Inc.$11.65Mprior reported value-346.9K shares